FINRA Investor News

December 2013

FINRA Investor Education Foundation

FINRA Foundation Releases Military Financial Capability Survey

The Military Survey is one of two linked surveys that constitute the 2012 National Financial Capability Study (NFCS). It provides insightful information on how military families manage their financial resources and make financial decisions. Results reveal that most military respondents are taking control of their finances. Three quarters have a retirement account, nearly 80 percent are living within their means and many have participated in financial education offered by the military.

Results of the State-by-State Survey were released earlier this year. The 2012 NFCS was developed in consultation with the President’s Advisory Council on Financial Capability, the U.S. Department of the Treasury and other federal agencies.

Podcast: Stock Up on Information Before Buying Stock

One of the most important tips to remember as a consumer is, "know what you're buying." This applies to investing in stocks as well. There are more than 20,000 companies with shares trading either on a U.S. exchange or over-the-counter. With so many companies and trading symbols, it's easy to get confused—and even more reason to research any investment carefully before buying stock.